Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

Morocco stocks lower at close of trade; Moroccan All Shares down 0.01%

Jul 05, 2018

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the Construction&Building Materials, Hotels, Restaurants&Leisure and Mining sectors led shares lower.

At the close in Casablanca, the Moroccan All Shares declined 0.01%.

The best performers of the session on the Moroccan All Shares were IB Maroc Com SA (CS:IBC), which rose 6.72% or 4.40 points to trade at 69.90 at the close. Meanwhile, Alliances (CS:ADI) added 4.50% or 5 points to end at 115 and Douja Prom Addoha (CS:ADH) was up 3.93% or 0.70 points to 18.50 in late trade.

The worst performers of the session were M2M Group (CS:M2M), which fell 7.12% or 34.90 points to trade at 455.10 at the close. Stroc Industrie (CS:STR) declined 5.14% or 1.49 points to end at 27.50 and BMCI (CS:BMCI) was down 4.56% or 41 points to 859.

Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 17 to 9 and 5 ended unchanged.

Crude oil for August delivery was down 1.17% or 0.87 to $73.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 0.27% or 0.21 to hit $78.03 a barrel, while the August Gold Futures contract rose 0.34% or 4.20 to trade at $1257.70 a troy ounce.

EUR/MAD was up 0.10% to 11.0640, while USD/MAD fell 0.21% to 9.4624.

The US Dollar Index Futures was down 0.06% at 94.13.

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